Regulation


Markets

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s "death cross" could increase selling pressure into the weekend.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

Bitcoin 24-hour price chart

Markets

South Korean Exchanges Halt Trading on Certain Cryptos as Regulatory Pressure Mounts

Upbit, Huobi and Coinbit are among the cryptocurrency exchanges outlined in the report that have halted trading on certain coins.

Seoul

Policy

Italian Regulator Says Unsupervised Spread of Crypto Is Cause for Concern: Report

Cryptocurrencies could facilitate illegal activity and undermine central banks' ability to conduct monetary policy, Consob Chairman Paolo Savona said.

italian flags

Markets

Crypto Monitoring 'More Effective' Than Outright Ban, Dutch Finance Minister Says

The minister was responding to calls by the head of Bureau for Economic Policy Analysis for a total ban.

Minister of Finance Wopke Hoekstra

Markets

Crypto Long & Short: The Market Gets Smarter

This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.

CoinDesk placeholder image

Markets

South Africa's Financial Watchdog to Bring Crypto Exchanges Into Regulatory Oversight

The Financial Sector Conduct Authority said it will start to regulate the crypto industry "in a phased and structured approach."

south africa banknotes

Policy

Texas State Regulator Greenlights Banks to Custody Crypto

A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Texas' state bank regulator said existing regulations allow its chartered institutions to provide crypto custody services.

Markets

Indian Government Poised to Loosen Tough Stance on Crypto: Report

It's the latest twist in India's oft-changing posture toward fast-growing crypto markets.

India is yet again reconsidering its posture toward cryptocurrencies.

Markets

Denmark's Century-Old Tax Code to Get Crypto Facelift: Report

The ministry cites a risk of fraud and an increased number of tax filing errors as the catalyst for cracking down on crypto tax evasion.

Christiansborg, palace and government building, the seat of parliament, in central Copenhagen, capital of Denmark.